Social Security Cola 2024 Increase Percentage. Other analysts, including preston caldwell, a senior u.s. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024.
The social security administration said the increased payments with the 2024 cola for supplemental security income (ssi) recipients began december 29, 2023, as january 1 is a holiday. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.
Social Security Cola 2024 Increase Percentage Images References :